Property profile

25 Broad St Frnt B New York, NY 10004

OFF-MARKET
Retail space
Property ID
US63-3703953
2,216 SF Built 1900
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,755-square-foot retail condominium at 25 Broad Street in New York City's Financial District presents a remarkable investment opportunity. Located in a high-traffic area, this property boasts a prime location with excellent visibility and accessibility. Previously occupied by a high-end clothing retailer, the space is currently vacant and ready for immediate occupancy, minimizing upfront renovation costs. The unit is comprised of ground-level and mezzanine space, offering versatile layout options for a variety of retail uses. The asking price is $3,525,000, translating to a price per square foot of $938.75. The property's convenient location offers easy access to multiple subway lines, including the Rector Street, Wall Street, and Broad Street stations, all within a four-minute walk. This location benefits from proximity to prestigious neighboring businesses such as Hermes, Tiffany & Co., and Cipriani, ensuring high foot traffic and brand synergy. The property is a single unit within a single building, identified by APN 25-1003. This turnkey retail space is ideal for owner-occupancy or an investor seeking a strong return in a highly desirable Manhattan submarket. The property is a retail condo, offering the benefits of ownership without the responsibilities of managing a larger building.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 2,216 SF
Zoning code C5-5
APN 00025-1002
UPID US63-3703953

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Hair Salon Nail Salon
  • Photography Service (Bike/Boat/Book/etc) Store
  • Clothing & Fashion Store
  • Media Distribution

Location

25 Broad St Frnt B New York, NY 10004-2517
New York metro Census 900 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$770k

Owner & transaction history

since 2025
Last sale
$1.2M
2 recorded transactions
2025
$1.2M
2022
Price N/A

Zoning & alternative use

C5-5 · New York, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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